SUBJECT/RECOMMENDATION:
Title
Declare surplus for the purpose of sale, through Invitation to Bid 22-19, property located at 912 Nicholson Street, Lot 7, Block 2, Pine Crest Subdivision, as recorded in Plat Book 1, Page 66 of the Public Records of Pinellas County, Florida, together with the South half of that certain vacated alley adjacent to the North, as recorded in Ordinance 6016-96, O.R. Book 9352, Page 294 of the Public Records of Pinellas County, Florida. (APH)
Body
SUMMARY:
In October 2006, the City of Clearwater acquired the subject lot via a property exchange with Clearwater Neighborhood Housing Services.
It was determined that an abandoned 36-in. storm water pipe runs under ground level through a portion of the property and is no longer in use. The storm water pipe has been capped at points above and below the lot per storm water construction plans. The successful bidder will need to perform their own due diligence to determine suitability of the property for building construction. The lot will be sold “as is.”
An independent appraisal was performed on the property on December 3, 2018 by Jim Millspaugh and Associates. The appraisal report determined that the fair market value of the lot is $26,000.00. Per City Charter section 2.01(d)(5), real property declared surplus shall be sold to the party submitting the highest competitive bid above the appraised value whose bid meets the terms set by the Council and whose proposed use of the property is in accordance with the Council’s stated purpose for declaring the property surplus.
All city departments have reviewed and support declaring the property surplus.